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Daily Archives: November 2, 2007

Viacom (VIA) Reports Improvement Due To “Transformers”

Posted: November 2, 2007 at 6:08 am

Viacom (VIA) today reported revenues increased 24% to $3.27 billion in the third quarter of 2007. Operating income in the third quarter rose 25% to $815 million. Net earnings from ...
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Europe Markets 11/2/2007

Posted: November 2, 2007 at 6:02 am

Markets across Europe were down about 1% at 7 AM New York time.The FTSE fell 1.1% to 6,516. Barclays (BCS) was down 5.8% to 538.5. Rio Tinto (RTP) was off ...
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The West Begs OPEC

Posted: November 2, 2007 at 5:08 am

Begging is not manly, but it can be effective.Yesterday, according to the FT, "Andris Piebalds, the European energy commissioner, urged Opec to increase oil production." And, Guy Caruso, a senior ...
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Are Lenovo’s Results Good For Dell (DELL). No.

Posted: November 2, 2007 at 4:57 am

PC-maker Lenovo, which bought the IBM (IBM) personal computer business, had the kind of break-out quarter that tech companies seem to be racking up with regularity now.For the three months ...
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Merrill Lynch (MER): Better Living Through Cheating

Posted: November 2, 2007 at 4:40 am

It seems while Merrill Lynch (MER) was losing all of that money on mortgage-backed financial instruments it was trying to unload them to save the company's skin. Nice idea if ...
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Media Digest 11/2/2007 Reuters, WSJ, NYTimes, FT, Barron’s

Posted: November 2, 2007 at 3:03 am

According to Reuters, Toyota (TM) and GM (GM) gained sales in October despite a weak US car market.Reuters writes that News Corp's (NWS) MySpace joined the new Google (GOOG) association ...
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Asia Markets 11/2/2007

Posted: November 2, 2007 at 2:39 am

Markets in Asia fell sharplyThe Nikkei was off 2.1% to 16,517. Honda (HMC) was down 3.9% to 4210. Toyota (TM) was down 4% to 6480.The Hang Seng fell 3% to ...
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